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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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56447383 No.56447383 [Reply] [Original]

Do we know why it's crashing so insanely hard against btc?

>> No.56447392

>>56447383
I bought

>> No.56447401

>>56447383
because any link holder with a brain (albeit not many) are selling like crazy for BTC?

>> No.56447410

>>56447383
eth making new lows against BTC. So much for alt szn

>> No.56447453

>>56447383
Because it had an insane pump over the weekend

>> No.56447594

>>56447453
So?

>> No.56447697

>>56447383
There was a thread yesterday that explained. Node operators sold a bunch of link that they had to buy back due to a mistake. That’s literally only reason link pumped

>> No.56447727

>>56447697
Lol what do you mean. Why is Link so shady with their fees what the fuck

>> No.56447857

Ex Fudanon here, dont worry its just forming another cup and handle. Its been doing this consistently throughout this recent pump.
Trust the plan unironically

>> No.56447885

>>56447594
So people take profit and rotate into BTC. Every alt except SOL and LINK have gotten crushed against BTC the past week

>> No.56447888

>>56447383
Because it's an overpriced shitcoin that isn't needed?

>> No.56447897

>>56447383
not crashing hard enough I need to rebuy at 8.50

>> No.56448038

>>56447897
You playing the bagholder bingo?

>> No.56448104

>>56448038
the one fucking time I swing it starts the bullrun
you're welcome faggots

>> No.56449493

>>56447697
Lol what a shit show

>> No.56449722

>>56447383
So all last week sats gains have been wiped out in a day uh?

>> No.56449783
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56449783

>>56447697
>the absolute state of fuddies

>> No.56451095

>>56447383
>hindi

>> No.56451323

VRA is the next moonshot not Link

>> No.56451379

>>56447697
First off, that's not true at all. But even if it was, think about what you are saying. These nose operators sold some link. Nothing happened to the price. They then bought an equal amount and it caused link to go up 30%. This makes absolutely zero sense.

>> No.56451383

>>56449722
no, LINK/BTC is still up 20% on a week ago

>> No.56451395

>link pumped insanely hard for the past few days
>BTC ETF launched today that people have been anticipating for months
Truly a mystery why LINK/BTC has corrected today

>> No.56452025
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56452025

>>56447401
sold mine USDCs not quite long, ago and had those USDCs staked through SpoolFI, where I get to earn passively rather than lose to this crash.

>> No.56452894
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56452894

>sold mine USDCs not quite long, ago and had those USDCs staked through SpoolFI, where I get to earn passively rather than lose to this crash.